Financial
Distress signals
Property profile

8331 Mt Elliott St Detroit, MI 48211

OFF-MARKET
Auto shops
Property ID
US43-1724527
1,508 SF 0.07 ac lot Built 1948
Individually Owned Owner of record is an individual. 16-yr Hold Held for 16 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$2k
Tax billed · 2020
Assessed value · 2024$25k
Effective rate6.64%

Value estimate

· Sep 2026
$190k
$171k – $209k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$61/SF
Submarket average, outlier-cleaned · 279 recorded sales of this use type
Observed band · Q1–Q3$29 – $104
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B4
The B4 general business district provides for business and commercial uses of a thoroughfare oriented nature
General categoryCOMMERCIAL
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm23.4
Spa & Massage18.2
Hair Salon18.1

Location

8331 Mt Elliott St Detroit, MI 48211-1831
County assessor Recorded deeds · not on file 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1963 Grand, Detroit, MI 48211-2966 $7,401 Dec 2023 2,668 SF
8900 Oakland, Detroit, MI 48211-1118 $170,000 May 2023 1,882 SF
6384 Rugg, Detroit, MI 48211-1625 $50,000 Feb 2022 1,024 SF
9861 Oakland, Detroit, MI 48211-1044 $35,000 Nov 2018 1,366 SF
6636 Miller, Detroit, MI 48211-1751 $41,000 Oct 2018 1,080 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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